Reuters - Video

Edition: U.S. | U.K. | IN | CN

Top News

U.S. Morning Call: FAA grounds Dreamliners indefinitely

Thursday, January 17, 2013 - 04:27

Jan 17 - Airlines scrambled to rearrange flights as Europe, Japan & India joined the U.S in grounding Boeing's 787 Dreamliner for battery-related problems.

▲ Hide Transcript

View Transcript

Save your morning call for Thursday lots of turbulence rocking Boeing after the FAA grounded all 787 dreamliner jets. Boeing has sold around 850 of its new planes with fifty delivered today. The new rules affecting flights from Europe India and Japan Qatar Airways now the latest to ground its -- a five planes. This can have severe repercussions for Boeing keeping the 787 on the ground could cost for instance Alapont. More than one point one million dollars today. Poland's state controlled lot airlines -- the first to say it will seek compensation from Boeing for grounding its two planes. It expects delivery of three more dreamliner by the end of march but would take -- if technical issues have been resolved. Shares of Boeing down nearly 3% in the premarket. Shares of GSU lost a court a Japanese company that makes batteries for the dreamliner closed down 5% today. The stock has dropped 18%. Since January 7 when one of its batteries caught fire you'll remember. The latest issue certainly heat up competition between Boeing and Airbus. Airbus -- a 43%. Drop in -- and surrendered its crown as the world's largest plane maker Boeing last year. But the latest glitch could turn things around in 2013. To America's biggest retail banks reporting earnings today. Bank of America -- 700 million dollars in the quarter compared with a profit of two billion in the same period a year ago. Profit at the bank now as it took more charges to clean up mortgage related problems stemming from the financial crisis. Citigroup results due out at 8 AM start my critics a negative surprise of 1% earnings per share up 96 cents. He is on the city's first earnings under new CEO Michael -- that. If you remember the last time it reported the very next day Vikram Pandit announced his resignation. This quarter Citi executives may be questioned about plants to reduce costs beyond the 111000. Job cuts already announced. We also hear more about a potential buyback proposal. Shares of -- trading close to 4290. In the premarket. We've also got result out for black rock the world's largest money managers -- its profit rise 24% in the fourth quarter. The result crushing street estimates. More and more investors getting back into equities boosting demand for iShares ET yes. Later today we'll hear from Intel -- chip -- likely to take it from PPC sales. Intel's expected to report earnings per share a 45 cents on revenue up thirteen and a half billion. Inline with our -- smartest. And after today's close American Express reports the credit card company expecting a charged fourth quarter with higher profit. But business growth may have slowed weak consumer confidence -- fiscal -- -- likely weighing on the company. US stock futures point to a mixed open a lot depends on how earnings pan out today. We've also got some housing data out later. The number of building permits issued last month expected to have risen according to a Reuters Paul. And jobless claims have fallen last week to 365000. It's the end of the line Maria had ten does CEO the mining companies saying happy browse to top out -- today. After revealing a fourteen billion dollar write down on -- balance sheet that's more than twice -- 2011 profit. The reduction a result of companies is -- significant acquisitions. Mozambique and coal and Alcan aluminum group. Until now album has survived the consequences of his disastrous 38 billion dollar acquisition of Alcan at 2007. We just seen years of loss is aluminum and taken many were billions in write downs ever since. It is taking market by surprise shares down 2% in London trading. That's good for your Thursday morning called be sure to follow us on Twitter at Reuters Insider in check out our way -- -- channel athletic dot com slash PP. I was -- this is --

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

U.S. Morning Call: FAA grounds Dreamliners indefinitely

Thursday, January 17, 2013 - 04:27

Top News »

Editors' Picks »

Business »

Technology »

Smart wristband to shock away bad habits Smart wristband to shock away bad habits

Fri, 23 Jan, 2015 - (2:29)

Obama calls on Congress to tackle cyber security Obama calls on Congress to tackle cyber...

Wed, 21 Jan, 2015 - (0:55)

Smelly rain unraveled by scientists Smelly rain unraveled by scientists

Tue, 20 Jan, 2015 - (1:06)

Life-saving app detects car accidents Life-saving app detects car accidents

Tue, 20 Jan, 2015 - (2:07)

3D laser mapping 'weighs' trees 3D laser mapping 'weighs' trees

Wed, 14 Jan, 2015 - (1:47)

Eucalyptus study could be key to koala survival, says researcher Eucalyptus study could be key to koala...

Sun, 11 Jan, 2015 - (2:33)

BMW goes solar at CES BMW goes solar at CES

Thu, 08 Jan, 2015 - (2:16)

Moving Pictures »

Images of December Images of December

Tue, 23 Dec, 2014 - (0:30)

Tsunami - unclaimed possessions Tsunami - unclaimed possessions

Tue, 23 Dec, 2014 - (2:23)

Images of November Images of November

Tue, 02 Dec, 2014 - (0:30)

Images of October Images of October

Mon, 03 Nov, 2014 - (0:57)

The world in a city The world in a city

Fri, 31 Oct, 2014 - (1:30)

Real-life superheroes Real-life superheroes

Tue, 28 Oct, 2014 - (1:44)

Dance of the northern lights Dance of the northern lights

Mon, 20 Oct, 2014 - (1:08)

Images of September Images of September

Thu, 02 Oct, 2014 - (1:00)

Still missing – MH370 Still missing – MH370

Fri, 05 Sep, 2014 - (2:05)

Burning Together Burning Together

Mon, 01 Sep, 2014 - (2:23)

Oddly Enough »

Robots dance in mass-games fashion Robots dance in mass-games fashion

Wed, 21 Jan, 2015 - (1:30)

India has most of the world's tigers India has most of the world's tigers

Wed, 21 Jan, 2015 - (1:22)

Cat saves abandoned baby Cat saves abandoned baby

Tue, 20 Jan, 2015 - (1:09)

Pope Francis - the musical Pope Francis - the musical

Sat, 17 Jan, 2015 - (1:35)

Google partners with auto suppliers on self-driving car Google partners with auto suppliers on...

Thu, 15 Jan, 2015 - (1:32)

Dateline Asia »

Netflix to push play in China Netflix to push play in China

Thu, 22 Jan, 2015 - (1:41)

Japan in a tight spot over hostage crisis Japan in a tight spot over hostage crisis

Thu, 22 Jan, 2015 - (1:05)

Behind the pretty face of K-pop Behind the pretty face of K-pop

Thu, 22 Jan, 2015 - (2:09)

Record slowdown in China's economic growth Record slowdown in China's economic growth

Tue, 20 Jan, 2015 - (1:52)

North Korean defector changes his story North Korean defector changes his story

Mon, 19 Jan, 2015 - (1:03)

China stocks hit by credit crackdown China stocks hit by credit crackdown

Mon, 19 Jan, 2015 - (1:16)

Xiaomi smartphones look to go global Xiaomi smartphones look to go global

Mon, 19 Jan, 2015 - (1:54)

Clamping down on China's toxic toys Clamping down on China's toxic toys

Fri, 16 Jan, 2015 - (1:11)

In China, a new a challenge to Apple In China, a new a challenge to Apple

Fri, 16 Jan, 2015 - (1:09)

Ecstatic Filipinos cheer the Pope's arrival Ecstatic Filipinos cheer the Pope's arrival

Fri, 16 Jan, 2015 - (1:11)

Reuters Investigates »

Where the sea is closing in Where the sea is closing in

Thu, 20 Nov, 2014 - (3:41)

Re-homing victim: "I could have been dead" Re-homing victim: "I could have been dead"

Wed, 19 Feb, 2014 - (8:24)

Cops and loggers in the Amazon rainforest Cops and loggers in the Amazon rainforest

Fri, 10 Jan, 2014 - (4:01)

"Passed around like a dog" "Passed around like a dog"

Thu, 29 Aug, 2013 - (6:32)

Adopted, then abandoned online Adopted, then abandoned online

Thu, 29 Aug, 2013 - (13:22)

How the DEA keeps its secrets secret How the DEA keeps its secrets secret

Mon, 05 Aug, 2013 - (1:36)